127
127
Dec 4, 2012
12/12
by
CNBC
tv
eye 127
favorite 0
quote 0
it's amazing how bold they are or maybe how stupid they are and to the gop, obama's re-election clearly meant nothing at all. it's almost as if neither side realizes how many people are simply just playing for dinner here, trying to put dinner on the table. now they got to deal with this morass in washington. while i'm optimistic if congress and the president cancel their vacations, remember, no vacation without legislation and stay to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grover, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm still hoping we don't go over the cliff. but i can't be sanguine if we do. i think it means that the stock market will get hammered even as it might bounce back if the austerity is lifted by a dreaded, hated compromise that both sides seem to despise. i have a list of ten stocks that would be the bounce-backers. you got to stay tuned for thos
it's amazing how bold they are or maybe how stupid they are and to the gop, obama's re-election clearly meant nothing at all. it's almost as if neither side realizes how many people are simply just playing for dinner here, trying to put dinner on the table. now they got to deal with this morass in washington. while i'm optimistic if congress and the president cancel their vacations, remember, no vacation without legislation and stay to avert the cliff. i'm worried that they're sworn to not...
225
225
Dec 7, 2012
12/12
by
CNBC
tv
eye 225
favorite 0
quote 2
he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks aren't any worse and may actually be better than a cup of joe from starbucks? let us count the ways that this analyst meeting slash lovefest, they will tell you that there's no better way to preserve your heart than to drink a taste of monster every morning. now, analysts will be plenty hopped up when they come out of this meeting because they'll be recommending this stock in high-speed fashion. next on wednesday we're going to get the results from joy global. here's the company that has the best read on chinese growth of all the companies i follow. in fact, joy global call
he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks...
165
165
Dec 4, 2012
12/12
by
CNBC
tv
eye 165
favorite 0
quote 0
ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >> oh, yeah. i think it will slow down again. i think people will hunker down, particularly are the whole fiscal cliff story hanging. even if it goes over, which i predict it will -- >> so do i. >> diana, what are you seeing? >> in the high ends where dolly works, of course it's going to have a big effect. let's keep this in perspective when we look at the housing recovery. homes price ed over $1 million were just 1.7% of sales in october. this is a minuscule amount when you look at the overall housing market and the recovery. that's why we're not seeing prices come dow
ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >>...
221
221
Nov 29, 2012
11/12
by
CNBC
tv
eye 221
favorite 0
quote 0
speaker, before the election you were asked whether if obama won, taxes would have to go up. you've made it sound like you would oppose that. now you've -- you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a way to begin to move the process to get this resolved. >> right. so my question is, what -- what message do you have for people who look at the negotiating position and see that it's -- or believe that it's inevitable that you'll have to accept some compromise like the actual rates? >> revenue is on the table. but revenue was only on the table if there were serious spending cuts as part of this agreement. it has to be part of the agreement. we have a debt crisis. we're spending too much. and while we're willing to put revenue on the table, we have to recognize, it's the spending that's out of control. >> mr. speaker, roughly what size spending cuts do you think it would take to reach a deal on the fiscal cliff, and do you think that at least the promise of spending cuts has
speaker, before the election you were asked whether if obama won, taxes would have to go up. you've made it sound like you would oppose that. now you've -- you're acknowledging that they will. >> the day after the election, i came here and made it clear that republicans would put revenue on the table. as a way to begin to move the process to get this resolved. >> right. so my question is, what -- what message do you have for people who look at the negotiating position and see that...
211
211
Nov 30, 2012
11/12
by
CNBC
tv
eye 211
favorite 0
quote 0
president obama may have won this election but would years ago, leaders of the tea party movement elected ron paul's son, rand, as kentucky senator over an establishment republican. one leader of that movement who runs a high-end audio equipment business says they could do the same thing in 2014 and this time take out mitch mcconnell if he agrees to raise taxes. >> we should not raise taxes in this country. we do not have a receive knew problem. i would like senator mcconnell to recognize that the washington leaders are like a bunch of crack addicts. they immediate ever more money forever more growing government and it is at the expense of the ordinary citizens that they pursue these policies. >> but the brighter those lines are drawn, the harder it will be to get a deal. william worked more than 20 years on wall street. now he runs a small college here and sits on the board of the henry clay center for statesmanship. the way to a solution, he says, is for both sides to have a voice. >> both have taken the -- attitude that it is my way or the highway. and americans recognize that that's j
president obama may have won this election but would years ago, leaders of the tea party movement elected ron paul's son, rand, as kentucky senator over an establishment republican. one leader of that movement who runs a high-end audio equipment business says they could do the same thing in 2014 and this time take out mitch mcconnell if he agrees to raise taxes. >> we should not raise taxes in this country. we do not have a receive knew problem. i would like senator mcconnell to recognize...
223
223
Dec 3, 2012
12/12
by
CNBC
tv
eye 223
favorite 0
quote 0
john tweets says the re-election of president obama was the top story of 2012. susie was the most interesting was the facebook ip ochtd and t and the tech glitch that ensued. i'm sure we'll wrap it all up as we normally do in between christmas an new year. let's remind you where we stand ahead of the u.s. open. we had a pretty good november all told. ftse up nearly 1.5%, dax up 2%. it is monday, so it does mean eurozone finance ministers are having a meeting in brussels. and they're hearing details of the bond buy back plan from greece. grooe greek prime minister says pension funds won't take part, but the banks should benefit from the voluntary buy back thanks to a liquidity boost. under the proposed program, athens will use bailout cash to purchase around 30 billion euros of debt for a lesser price than if creditors had held bonds until maturity. and over in spain, we're seeing yields lower today. 5.2%. rajoy has warned it will achieve the deficit target agreed with the eu. he said he couldn't guarantee there would nobody further spending cuts and he would not
john tweets says the re-election of president obama was the top story of 2012. susie was the most interesting was the facebook ip ochtd and t and the tech glitch that ensued. i'm sure we'll wrap it all up as we normally do in between christmas an new year. let's remind you where we stand ahead of the u.s. open. we had a pretty good november all told. ftse up nearly 1.5%, dax up 2%. it is monday, so it does mean eurozone finance ministers are having a meeting in brussels. and they're hearing...
206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
president obama claims that he won his election because he came up with this idea of saying that they were going to raise tax rates on the wealthiest 2% and keep rates where they are for the middle-class. >> i think president obama can certainly say that he has got a different outlook on what america should look like, what america's role in the world should be, and a different outlook about the economic future of america. i think he truly believes his ideas. i don't think he's right in those beliefs and those outlooks because i think the human nature is to be free. the human instinct is to be free. free from overtaxation, free from overregulation, free from overlitigation. and until we free up the entrepreneurs in this country, we are going to struggle economically as a nation. there will be pockets around the country where freedom still matters, where -- there is still a land of opportunity in america. it's called texas. >> anyway, they'll be more than -- we don't want you to secede now. how about five states? we're going to ask you about that. you're allowed to split into five state
president obama claims that he won his election because he came up with this idea of saying that they were going to raise tax rates on the wealthiest 2% and keep rates where they are for the middle-class. >> i think president obama can certainly say that he has got a different outlook on what america should look like, what america's role in the world should be, and a different outlook about the economic future of america. i think he truly believes his ideas. i don't think he's right in...
263
263
Nov 29, 2012
11/12
by
CNBC
tv
eye 263
favorite 0
quote 0
it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term to extend them, that's one thing, but he would have extended -- this is a weird argument to be having to have everything hinging on on the 2% that are -- suddenly as i've said before, suddenly everybody loves the bush tax cuts. so weird. >> flips the tables on who likes what. >> it all goes back to the line in the band. obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they drew back in july of 2011 because this is a situ
it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
it and barack obama -- >> not necessarily, it's debatable. >> the worst performance by an incumbent seeking -- >> but he won -- >> well, i am against -- >> anything other than -- >> gifts -- >> not gifts, necessarily, but cobbled together a coalition -- >> but that's what elected officials are supposed to do. just remind everybody very quickly, liberals would be quick to point out that nationally democrats in the house got about 600,000 more votes. >> so your point is that he was able to get more than 50% of the people to vote for tax increases on somebody else? that's quite a sales job. >> the point about polling. >> that's a great sales -- so -- >> overwhelming of people want to tax the rich. it's a bad policy and it's dumb and shouldn't be done. >> it's not hard to get 50% to agree to that. >> of course not. >> tax 2% and give me what you get. >> i agree, but it still polls very well. >> to steve's point. what you're talking about is what americans say they want where they're willing to come from these things. that was david walker's point. our guest host on monday. and his point
it and barack obama -- >> not necessarily, it's debatable. >> the worst performance by an incumbent seeking -- >> but he won -- >> well, i am against -- >> anything other than -- >> gifts -- >> not gifts, necessarily, but cobbled together a coalition -- >> but that's what elected officials are supposed to do. just remind everybody very quickly, liberals would be quick to point out that nationally democrats in the house got about 600,000 more...
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
the problem that you have is right or wrong, obama has just won the election on that basic pledge to raise taxes. >> wrong, wrong, wrong! you know what, that makes no sense. how many people do you know that said i'm going to vote for the president to have more debt, and in an economy that can't grow it's way out of the issues? we currently only take in about 15.5% revenues. we need to get to 2021. >> i understand that. >> it's not a tax problem, it's a growth problem. and he has no growth plan. so then they blame others, because they don't have a plan. >> but he was able to get through the election doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the last three days, jobless
the problem that you have is right or wrong, obama has just won the election on that basic pledge to raise taxes. >> wrong, wrong, wrong! you know what, that makes no sense. how many people do you know that said i'm going to vote for the president to have more debt, and in an economy that can't grow it's way out of the issues? we currently only take in about 15.5% revenues. we need to get to 2021. >> i understand that. >> it's not a tax problem, it's a growth problem. and he...
324
324
Dec 3, 2012
12/12
by
CNBC
tv
eye 324
favorite 0
quote 1
. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president can lead. only the president can lead. >> he has the pen. he has joe's pen. >> mine is a viagra pen. wouldn't that be embarrassing if he held that up and said i have a pen? >> i don't know why you have a viagr
. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have...